Hazeltree has hired alternatives sales veteran Marshall Saffer to support the technology firm’s expansion plans following its acquisition of ENSO Financial Analytics last year.
Saffer joins as head of Americas sales for the treasury and portfolio finance solutions provider, as it looks to further grow its hedge fund and alternatives fund manager client base.
With 25 years in the alternatives industry, Saffer was most recently chief operating officer and chief revenue officer for MIK Fund Solutions for nearly 10 years. He was also head of global sales and marketing for Viteos Fund Services for three years, and held a strategic sales role at SS&C Technologies.
“Marshall’s proven track record building and managing high-growth sales teams will be crucial to help our clients address the many challenges they are facing, from turbulent market conditions, to uncleared margin rules (UMR) compliance requirements, to overall cost management,” said Sameer Shalaby, president and CEO, Hazeltree.
Saffer will also help continue Hazeltree’s growth in the alternatives servicing market, following the vendor’s acquisition of ENSO Financial Analytics in October last year, giving it a range of new portfolio analytics tools for prime brokers and hedge funds.
The acquisition created a joint global treasury management solution, which has become a key area of modernisation for hedge funds.